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7348 S Lowe Ave
Multi-Family
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$160,000

7348 S Lowe Ave, Chicago

86% below median
5 bd·2 ba·0 sqft
Built 1908Southwest Side

7348 S Lowe Ave, Chicago, IL

5 bd · 2 ba · 0 sqft Multi-Family listed at $160,000, built in 1908 in the Southwest Side neighborhood.

About this home

Great opportunity for investors or owner-occupants looking for a solid rehab project! This classic two-flat offers a 3-bedroom, 1-bath unit on the second floor and a 2-bedroom, 1-bath unit on the first floor, with the option to duplex down into the unfinished basement to add extra bedrooms and bathrooms. The property is structurally sound with a dry basement and ready for your renovation vision. Needs a full rehab but is currently occupiable. Cash or 203k financing preferred.

Property details

Price
$160,000
Bedrooms
5
Bathrooms
2
Year built
1908
Type
Multi-Family
Days on market
184
Est. property tax
$3,328/yr · $277/mo · 2.08% IL avg
Last sold
$70,000 · Oct 1997

Estimated monthly payment

Down payment20% ($32,000)
Interest rate6.75%
Principal & Interest$830
Property Tax$147
Insurance$150
Total$1,127/mo

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Price history

$188K$113K$38K$50K on Oct 94 (Sold)$70K on Oct 97 (Sold)$175K on Oct 25 (Initial list)$160K on Nov 25 (Price change)$160K on Mar 26 (Relisted)
$50K · Oct 94$160K · Mar 26
  1. Mar 16, 2026$160,000Relisted
  2. Nov 12, 2025$160,000Price change
  3. Oct 23, 2025$175,000Initial list price
  4. Oct 15, 1997$70,000Sold
  5. Oct 6, 1994$50,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Location

Map of 7348 S Lowe Ave, Chicago
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Home Intelligence

Neighborhood (zip 60621)

This neighborhood is primarily renter-occupied (25% owner-occupied). Median age is 37.4; 11% hold a bachelor's degree; median household income is $30,163.

Median income
$30,163
Median age
37.4
Owner-occupied
25.4%
Bachelor's degree
10.7%
Census median home value
$125,100

Source: US Census Bureau American Community Survey 5-year estimates.

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